APi Group reports Q1 adjusted EPS 37c, consensus 36c

Reports Q1 revenue $1.72B, consensus $1.66B. Russ Becker, APi’s president and CEO stated: “We are off to a strong start in 2025, with a return to traditional levels of organic growth after our thoughtful and selective pruning of certain customer accounts in 2024. We’ve also continued to expand margins and deploy capital on M&A and share repurchases to drive shareholder value. Our robust backlog, variable cost structure, the statutorily-driven demand for our services, and the diversity of the global end markets we serve combine to provide a protective moat around the business. We believe this positions us well to navigate the dynamic tariff variables in the marketplace.”